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20131202
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English 59
Search Results 0 to 49 of about 59 (some duplicates have been removed)
Al Jazeera America
Dec 5, 2013 11:30am EST
research. kil, cities across the country saw declining sales takes revenues, declining tax ref news as people's homes reduced in valley. value. >> a lot of cities are experiencing fiscal stress but i want to reiterate bankruptcies are rare. those who issue debt in the credit market only 10 a year going "g" into bankruptcy. while fiscal stress is a chief concern, bankruptcy is still a very rare phenomenon. >> is it stuffer at a time when the economy is not robust when the state's in which these cities and counties are located are also feeling a lot of strain, is it tough for put these restructuring deals together? >> the state plays a significant role in the fiscal health of the city. they offer state aid to local governments. that makes up a third of the city revenues. when cities cut back due to their own fiscal pressures local governments experience a lot of fiscal squeeze as well. >> are there fewer good choices when you're finally pushed to make a bankruptcy declaration. >> bankruptcy is a measure of last resort. joining anybody enjoys having to papaying pensioners, or putting c
CSPAN
Dec 9, 2013 7:00am EST
the discussion over the past five years. hikes.looking at tax they are also not looking at significant cuts to medicare, security,or social which are areas republicans say needs to be done. instead we are looking at pretty small things and haggling over whether to have federal employees attribute more to their retirement -- employees contribute more to their retirement plans. thingse also looking at -- a spectrum that is going to be sold to telephone companies. they are looking at a small budget deal that would replace some of the sequester, the automatic spending cuts that were launched in 2011 as part of a but -- part of a different budget process. like can't there right now? why can't there be a grand bargain right now? caller: because republicans and democrats can't agree. all ryan, the chairman of the budget committee, and patty murray decided they were not going to go after the towels of the other party and just try to get something that was possible -- after all these failed budget agreements in the past, look we are not even going to go there this time. we are going to go for someth
MSNBC
Dec 4, 2013 7:00am PST
, but also talking about new fees to raise revenue instead of tax hikes. from what you're hearing this general framework, could you support it? >> well, it depends. the trillion dollars you're talking about is higher than what the existing law is and i would point out that speaking of existing law, we have one that specifies the level of discretionary spending. specifies that at $967 billion. so from my point of view if we're going to spend more than that, then we ought to find offsetting savings some where else, which i'm very much open to. i know our friends on the other side of the aisle want there to be revenue. we're not going to support tax increases. are there some categories of revenue that are of a different nature? >> such as? >> for instance, federal employees have very generous retirement plans. if we asked them to contribute a little bit more to their retirement plan, that gets scored as revenue but i think it's legitimate to see that as savings so it really depends on the composition of the package. >> do you think there will be a deal by the end of the year? >> i th
CSPAN
Dec 4, 2013 7:00am EST
insurance at a reasonable cost through choice and competition on this marketplace and tax credits that you may be eligible for that can save you hundreds of dollars in premium costs month potentially. to -- now that we are getting the technology fixed ande need you to go back take a look at what is actually going on. it can make a difference in your lives and the lives of your families. the president yesterday as onlaunches the second act healthcare.gov, encouraging people to go to the website and try again. the washington times this -- the president leader and chief on obamacare. -- salesman -- cheerleader in chief for obamacare. democrats and the president are expected to have a coordinated effort in pushing healthcare.gov. --e is a congressman's tweet what do you think about the rollout of healthcare.gov enter the president fire somebody? betty in albuquerque, new mexico. democrat. thank you for accepting my call. this particular congress that we now -- i believe the th -- hasnd 12 -- 112 title of the greatest do-nothing congress in the history of the united states. they have been held
FOX Business
Dec 5, 2013 4:00pm EST
difficult to borrow money. cities like nations depend on borrowing money to pay their bills. >> taxes will go up and services will get cut. that is not a good combination. david: talk about cities might be in the same boat. chicago of course we hear about. new york, particularly with a new mayor that has a lot of spending promises he may not be able to deliver on, baltimore, san bernardino, which ones will be next? >> san bernardino is already in bankruptcy. small cities already. desert hot springs on verge of pennsylvania. scranton, pennsylvania is insolvent. it would be in bankruptcy except state is keeping it out of bankruptcy. it has a big judgement has to pay workers it can't afford. you talk about chicago. chicago is not in the same kind of economic shape detroit is but chicago has a huge, huge pension problem. some of its pension funds are only 25 to 30% funded. moody's has suggested that they would have to double property taxes to pay off the pension debt over 30 to 40 years. you can't do that in a city. no one is quite sure how chicago will pay off the pension debt. you have
FOX Business
Dec 2, 2013 9:20am EST
. a low rate flat tax, spending restraint. you know the drill. it's all there. and that, this is all a consequence of very bad economic policies by this administration and congress, especially the senate and they've put through a lot of tax increases this year and you're seeing the consequences of it. look at what obamacare has been doing, it's liighths catastrophe and why would you expect something really good to be coming out of this mess? i wouldn't. >> i think we've had this conversation before. >> yeah, we have. >> unfortunately. are we going to have it again in a couple of minutes? because i question whether you're going to get any change in economic policy in the next three years, i don't think you are, but i'll come back to you on that one in a second, okay? >> it's a deal. stuart: i want to move on to amazon's chief jeff bezos on 60 minutes. he showed off a flight of amazon experimental delivery drones. yes, drones to deliver packages. keith fitzgerald is with us, keith, he's looking like the new steve jobs and amazon is behaving like apple. >> he's defining innovation and
FOX News
Dec 9, 2013 3:00am PST
the memo from the supreme court. it is not a penalty. it's a tax. that tax will be 2.5% of your income in three years. that's how they're going to get, i guess, young people to voluntarily pay more than double. in wisconsin a young man 27 years old, on average his insurance costs will increase by 124%, from about $1,100 a year to over $2,400 a year. that is because of obamacare. the patient protection affordable care act. >> you have obamacare? >> they're trying to get it. we've only gotten a few members of our staff that have been able to sign up so far. i think they've got to sign up today in order to make sure it is in place. my staff is scrambling and my wife is trying to find insurance in the state of wisconsin. >> this week is going to be the medicaid week. the president and the white house are going to be talking about how great it is to expand medicaid. you're not against -- >> brian, we've got to remember in 2009 when this law was being debated, 85% of americans maybe were satisfied with the price of the health care but they liked the health care plan they were on. they liked
CSPAN
Dec 8, 2013 11:25pm EST
might introduce a bill that says we need to raise federal excise tax on large oil companies. you introduce that bill. what's going to happen when you introduce that bill? you are going to scare the daylights out of people in the business which is precisely what that bill was designed to do. they are going to come running to that office saying we are concerned about this bill. what's going on? and in the process they are going to start making donations and they may end up hiring family members of the legislator or former aides to serve as lobbyists. the milker bill of course can be reintroduced again next year and a year after and they can become a form of extraction that takes place and corporations in the basically paying protection money. the second technique is what you might call the toll booth technique. if you are a powerful chairman of the committee were you are in leadership and this has happened under both parties, you can ease and c-charlie charge companies and individuals in order for bills to actually go from the kennedy to being voted on the floor. it can be a very l
CSPAN
Dec 5, 2013 10:00am EST
. >> even though i was a texan and energy paid 55 or 60% of the taxes that were paid in texas, we felt that it was a very important and we breathe life into the epa by giving them a role in that act. i'm kind of sorry now that we did because they acted well and we were pleased with what they did and we thought that even though they were energy oriented, that the energy people needed some supervision. but they also needed some help for the federal government couldn't give, so they her despite overregulation and that's what i was asking about i guess. chairwoman, the key goal in the ferc strategic plan, 2009 to 2014 g-golf are the safe, reliable and efficient infrastructure development to integrate the new resources. are you supportive of ferc -- you've been there for three weeks, you said? >> i've been at this job for two weeks. >> you have done it very well. thank you for the answers you've given. are you supportive of ferc blank bill included in this plan? >> yes, i am. it's important -- >> what changes would you consider on this bill? do you have any changes that you would make? .. w
FOX News
Dec 6, 2013 5:00pm PST
new york times" editorialized, "the emphasis on cutting taxes and spending that began in the reagan years is a direct result of economic insecurity now. it has led, for spm, to education cuts that have harmed children in low-income school districts. reversing those decisions can still have an enormous impact." but under president obama, america's spending more money on education than any other nation in the world. also, taxes have been going up. and we have record debt. but the left wants more spending and even higher taxes. simply put, the big government spending machine has not helped the economy very much. but again, liberal theory trumps results. >> the idea that so many children are born into poverty in the wealthiest nation on earth is heartbreaking enough, but the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own? that should offend all of us. >> well, it certainly offends me. if children are not getting a good education or do not have proper health care, i'm offende
MSNBC
Dec 9, 2013 7:00am PST
with entitlements, the debt or tax reform and probably won't completely fix the sequester, but aides for senator patty murray and congressman paul ryan, the budget chairs working on the deal are at least determined to keep the government open and they think they can get the plan together for a vote later this week. one of the final sticking points in the deal could be unemployment. friday the unemployment rate dropped to 7%. that's the lowest since november of 2008. federal benefits expire at the end of the year and it's not clear if an extension would be included in any budget deal. >> i don't think we've reached that point where we've said this is it, take it or leave it. what i hear from patty murray, i spoke to her the other night, negotiations are making progress, moving in the right direction. >> i want to bring in our company, carrie budoff brown, ron fornier. good morning. >> good morning. >> carrie, is getting a deal done, if it does happen this week, a major milestone or is this the smallest possible thing they could do just to keep the government up and running? >> well, it's more sig
CNBC
Dec 5, 2013 1:00pm EST
part that was far bigger than their tax revenues would ever be able to support. their original dream, they were going to be able to grow into that spending. they didn't. so they had to cut spending. were there incredible costs? absolutely. gdp sunk dramatically. terrible youth unemployment. but those things were going to happen anyways because the governments had been borrowing. and delivering to people a standard of living that their productivity level was never going to be able to support. so decision day was going to come at some point. that's what it's led to when you see the garbage piled up in greece and spain because people go on strike because they're mad about the budget cuts. but where's the money going to come from? >> absolutely. well, the money would come from more borrowing. >> right. >> but, you know, i still question whether or not they're going to be able to do that next year. what are you hearing? >> i think ireland is a slam dunk. i think they'll be aible to do it. portugal is still questionable. greece, it's going to be up to whether or not their european partners
CSPAN
Dec 3, 2013 10:00am EST
by some now is not the time to raise taxes, yet the house budget cannot produce spending bills from the appropriations committee that can actually pass on the house floor. in some cases, they appear to not even be able to pass from subcommittee. all the while we're looking at a sea of unmet needs and face a floundering economy. there is one area that can help break the logjam, not solve all our problems, certainly, but help us significantly along the way. congress should address the critical needs of our nation's infrastructure deficit. roads, bridges, transit systems are all increasingly at risk. we are facing an inadequate state of repair, construction of new facilities are on hold and we are losing ground in meeting our own needs, let alone the challenges of global competition. yet, this challenge is an opportunity for some potential progress. we know what to do to meet this challenge. we can write a new transportation bill that will meet today's needs. it just needs more money. there is a vast coalition that supports additional resources for infrastructure. the so-called special
MSNBC
Dec 4, 2013 6:00pm PST
warmed his hands on the panels and promised tax credits to people who put them on their homes and businesses. let's get energy independence, go solar, well, seven years later, a republican president named ronald reagan had the panels taken down, supposedly for repairs. this summer, new and improved panels got put back up, once again as part of a green overhaul on pennsylvania avenue. the new panels are expected to pay for themselves in energy savings over the course of president obama's tenure. but just down the street at the grand hyatt hotel in washington, the white house's solar panels are the object of scorn and strategy. it is the meeting of the exchange council, alec, the consortium, where mostly republicans fought for the passage in their states. the initiative is to punish american homeowners who choose to go solar, the idea is to make the solar-powered homeowners pay a penalty for using fewer fossil fuels, disincentivize the use. alec's stated objective is blocking the renewable energy at the state and federal level. touting their laws that reform, freeze or repeal st
CSPAN
Dec 9, 2013 10:30am EST
.looking at tax they are also not looking at significant cuts to medicare, security,or social which are areas republicans say needs to be done. instead we are looking at pretty small things and haggling over whether to have federal employees attribute more to their retirement -- employees contribute more to their retirement plans. thingse also looking at -- a spectrum that is going to be sold to telephone companies. they are looking at a small budget deal that would replace some of the sequester, the automatic spending cuts that were launched in 2011 as part of a but -- part of a different budget process. like can't there right now? why can't there be a grand bargain right now? caller: because republicans and democrats can't agree. all ryan, the chairman of the budget committee, and patty murray decided they were not going to go after the towels of the other party and just try to get something that was possible -- after all these failed budget agreements in the past, look we are not even going to go there this time. we are going to go for something much smaller. host: talking with ian swanson
CNBC
Dec 2, 2013 6:00pm EST
? if amazon is 56% gain this year, who the heck wants to let it go, pay the taxes? why would you? you would have a humongous tax bill brought on by yourself, and so far not many losses do. if you're an institution, you want to show your clients that you own it. that makes the stock blessed. third, unlike most of the bricks and mortar outfits out there, amazon does have a real mystery. the possibly of a lights out quarter could be in the cards. walmart and target keep going down. finally, when it comes to the worth of amazon, there is a simple answer you can get. it's worth what people will pay for it. the answer is they'll pay $400, or $178 billion for the stock where it was trading this morning before the pullback. that's when the discipline comes in. as i've been saying for a while now, you have to recognize that the idea of a bubble in stocks has kept you out of so many winners that it's just unforgivable. if you're a performance manager. look, i can't blame anyone for wanting to sell amazon, or so many other stocks for that matter based on valuation. i know it's way too expensive for my
FOX Business
Dec 9, 2013 7:00pm EST
guide to taxes continues with a tax strategy session so you can do some planning. that is airports might "willis report" and we thank you for joining us. have a great night. ♪ lou: the nation's east coast is hammered by a deadly winter storm that caused scores of car wrecks and canceled thousands of flights and that's just the first round. the second round begins in just hours. a powerful storm with more ice and snow that will hit tonight. i am lou dobbs. ♪ ♪ ♪ lou: good evening, everybody. the relentless storm pounding cities along the east coast, dropping snow and sleet and freezing rain across much of the region. forecasters say that washington dc could get up to 5 inches of snow in philadelphia up to three and new york at least 1 inch. the storm system is wreaking havoc on the roads and in new jersey a car slid off interstate 78 and two people were killed. overall, 11 deaths across the country have been blamed on the storm in the snow and icy conditions is causing an exceptional number of pilots. the chain reaction crash on the pennsylvania turnpike that involves 50 car
FOX News
Dec 9, 2013 11:00am PST
as employees for federal tax purposes. this means that they could be required to provide health care or pay a fine under the affordable care act if they reach 50 volunteers or not. or even if they are grouped together with other employees from the township, borough or municipalities. we all know volunteer fire departments across the country cowell nev could never be able to provide health care, which i believe could potentially close fire houses across the country. >> this is so stunning to find this now out, congressman. i know in your particular district, aren't 97% of the firefighters on a volunteer basis? >> actually, across the entire state of pennsylvania. 97.5% of all the fire companies in pennsylvania are volunteer fire departments. that's the fourth largest in the country. what worries me is that we have been trying to get clarification from the internal revenue since the summer. now, this was to be the law of the land already. and this is obviously another unintended consequence. nonetheless, potentially could affect fire departments all across america. >> when you reached out to
MSNBC
Dec 5, 2013 10:00am PST
a chance. what are the alternatives? you're not going to tax rich anymore. they criticizes as redistributionists. the cupboard is bare when it comes to fixing inequality. >> the president is speaking out to it. he's trying to assure the base he's aware of their concerns, chris cillizza. that speech he did yesterday resonated with democrats. what can he do. there's one pitch by progressive maebs of congress and allies that he could do mng by executive order. i'm not sure that's exactly true. he could affect what federal contractors pay. there's disagreement how much he could do by executive order on the minimum wage. >> andrea, i think it's unlikely, only because he would not wade into that territory at the moment, sort of a x-ray area what he could do, what he couldn't do. the speec he gave was a recognition. the speech he gave in kansas, it's very similar to the speech he gave yesterday. these are things he has talked about, inequality, growing divide between wealthy and middle class and sort of poor folks in this country. the problem there is while he has addressed thain
CSPAN
Dec 4, 2013 10:00am EST
decline. the gas tax has not been increased since the clinton administration 20 years ago. the future prospects are even worse. demands are increasing and deferred maintenance takes its toll while we watch the bottom fall out of the highway trust fund. we've seen a slowdown in revenue due to the near collapse of the economy, a shift in driving patterns while people, especially young people, drive less and improved fuel efficiency. it's scheduled to improve -- further reduce gascon sumpings dramatically with -- reduce gas consumption dramatically with plug in hybrid vehicles. it's time for congress to act. we've seen our partners at the state level increase transportation level in 13 states, but they need congress to act to maintain that partnership. there's a large coalition that stands ready to support congress. the u.s. chamber, the national afl-cio, building trades, trucking industry, numerous associations of small and medium-sized businesses, local chambers of commerce, local government, professional organizations, bicyclists,. the coalition is broad and persuasive, requesting con
MSNBC
Dec 7, 2013 11:00am PST
, you need to buy rape insurance. >> we believe that abortion is not health care and that tax dollars should not be going to pay to subsidize abortions. >> the people are dumbfounded that this is even before it at this point. >> some are calling it rape insurance. michigan may ban abortion coverage even in cases of rape and incest. >>> also the jobless rate falls to a five-year low. why some say now is the time to find a new job in this country. we'll talk about it on the other side of this break. this is msnbc. [ male announcer ] here's a question for you: if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. life with crohn's disease ois a daily game of "what if's". what if my abdominal pain and cramps come back? what if the plane gets delayed? what if i can't hide my symptoms? what if? but what if the most important que
CSPAN
Dec 7, 2013 11:00pm EST
that was not paying taxes in america and using the old mantra no taxation without representation, i thought that i should get our try and get american citizenship. so i applied for small for a green card which it did not kid. and you have to wait five years once you get a green card. applying for citizenship. and i finally did that in 27 -- 2011. i was called to my interview there. there are things, into a bride in english. want to make sure you complete. but they turned general knowledge questions about america, the first of which i managed to screw up rarely did he simply wanted to know. and without thinking had plated of america the beautiful and the immigration officer said it will she was not what it is which is the star spangled banner, but i'm afraid that's one wrong. you've only got nine more chances. a distinct possibility vimy denied permission. and then was one man. complicated story helicon about. they have not talked to people to take the oath on the after deck of the u.s.s. constitution which is this wonderful sailing vessel, the oldest commission water should actually in the world.
MSNBC
Dec 6, 2013 8:00am PST
this economic plan for this financially struggling city which focuses on tax cuts in lieu of government stimulus programs. we know now because a federal judge said because it is a city that's eligible to file nor chapter 9. so is this part of the trip clearly a political one to wrangle more votes towards the republican party. but is rand paul a true economic crusader like detroit needs? >> he's not the crusader that detroit needs right now. if you cut away from a lot of the flash, what you're looking at here is a good old trickle down economics. the idea is if you cut taxes for those at the top of the scale, you're going to generate enough economic activity to provide employment opportunities for everybody else. that has not worked on a national scale, and it's going to be particularly i think fool hearted in a place like detroit which actually needs support. not permanent, not forever, but to just get back on its feet. i think that's quite clear if you look at what the city's been going through. >> jared bernstein former chief economist for vice president joe biden. thank you, sir. >> thank you
Al Jazeera America
Dec 9, 2013 6:00am EST
: they want more than a new election, they want the government rid of yingluck shinawatra and any kind of tax and regime influence as they say. this is something that is right through the last two weeks and any influence that the ruling party has because of the connection to the yingluck shinawatra the prime minister in exile and they got elections to take place in the next five to six weeks the leader of the antigovernment union saying that is not enough and spoke before we came on air but will speak again on the stage behind me in the coming hours. this is a big rallying speech because this is the final day of this type, this phase if you will of this movement. it will be interesting to see how they transition after they spend the night and transition into more of a political fight and sounds like the protest leader says they have done this part of it and gone to the street and proven their point this way and getting the goal of the resignation of the prime minist minist minister yingluck shinawatra is the big question. >> reporter: since 2001 the pew thai party has won't every election an
CBS
Dec 9, 2013 4:00am PST
's $17 trillion debt, close tax loopholes, or change health care and retirement programs. the deal is expected to be completed later this week. >>> asian markets got a list from strong export numbers in china and a sliding yen. tokyo's nikkei added more than 2% for its best one-day gain in three months. hong kong's hang seng gained a quarter percent. >>> the stock market could get a jolt this week as more ompanies are expected to announce lower than expected quarterly earnings. the dow finished 198 points higher on friday driven by four months of consecutive job gains. gains. the nasdaq gained more than 29 points. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week d
SFGTV2
Dec 2, 2013 6:30am PST
have had to deal with repayable loans. a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my
CSPAN
Dec 2, 2013 2:30pm EST
and medicare. they're going to get savings better known as cuts. a that budget also included tax cut that was paid for with an asterisk, meaning the ways and means committee and appropriations committee would have to figure out how to fill the $5.7 trillion hole. arithmetic requires you to recognize you can only fill the hole by either raising taxes or additional cuts. now we know that republicans are opposed to tax increases and the only real big ticket item left that could come anywhere close to filling that hole would be social security and medicare. the only thing on the table left to pay for that the c.b.c. budget does not include an ast risk or other budget gimmicks. our budget outlines a concrete plan that makes tough choices and presents credible options to achieve our budget reduction targets. the c.b.c. budget calls for revenue enhancements totaling $2.7 trillion over the next decade. our budget outline house the house ways and means committee and the senate finance committee can reach this number by highlighting several revenue options totaling $4.2 trillion that could be
Al Jazeera America
Dec 9, 2013 6:00pm EST
employee health care and passing a sales tax. >> we have made drastic reductions in our sales force which reduces the liability for the peptions going forward. we have also made drask are reductions in the pay our glows really proceed. >> go after stockton's pension fund, an unlikely prospect for retired stockton city workers. >> we've already lost our medicals, we've taken a hit, others didn't but we did, take a big hit. >> it's become a complicated legal matter but one to follow closely for alfred and others like him across the country. melissa charn, al jazeera, stockton, california. >>> a huge deal has got passengers asking, will air flight be more expensive? american airlines and u.s. airways have completed their merger. four airlines now control 80% of the country's flights. david shuster is sitting in for ali velshi who is leading our team in johannesburg. dave, good to talk to you. what does the airline sector look like after this deal? >> tony, the latest round of consolidation began in 2005, american eagle, delta, northwest a few years later, united, continual nenl, and southwes
FOX News
Dec 9, 2013 8:00am PST
they qualify for tax subsidies to lower costs. there are so-called back end problems the way customers get information to insurance companies may mean some people who think they are signing up won't actually be covered. earlier this morning on "fox & friends" former vice president dick cheney said the long list of issues with the law is evidence that the government should stay out of personal health care. take a listen. >> the idea that the government that can't bring us a website that will function effectively is now also going to deliver a better health care system, i just find ridiculous. if you can't design and run a website, what the heck are you doing messing with the health care system of the united states? jenna: peter doocy is live in washington with more on this story and has been looking at the website since it launched, peter. what can customers do today and see today they couldn't on launch day? >> reporter: jenna it is very easy to see your deductible and out-of-pocket costs right next to your potential premium and that information is available for the first time on one scree
MSNBC
Dec 7, 2013 5:00am PST
example. a majority of voters think we should raise taxes on the wealthy to support the middle class and spur job creation. >> that is a part of this economic populism. it's what they're about. they're about 1% status quo. >> what warren is getting at and the subdebates is she sent this letter out challenging the six big banks, disclose all of yourks who are you funding think-tank wise? they haven't done that t. leaders of third way i think they said les than 1% of our funding comes from wall street. but what they were also left opened was the possibility that a lot of money comes from people who make their money on wall street. it's not directly coming. it is still in a way wall street money. >> what strikes me about the internal democratic debate versus the internal republican debate in washington is that the dewitt on the left seems much more substantive, right? there are genuine disagreements over policy that are taking place and shaping this debate. in walling, at least, it's more about tactics and strategy and how aggressive. they're shut down, for example. that wasn't a policy
CSPAN
Dec 4, 2013 9:00pm EST
that were included in the ryan budget but the republicans wanted to give tax breaks to millionaires. a couple of questions. the implication by my colleague, dr. burgess was changes that would eliminate and narrow networks are caused by the affordable care act. and i'm just wondering in your research, i know with part d it's important to check every year to make sure that the formulary is the same. with medicare advantage, aren't changes likely in the network or something prior to the affordable care act as well? >> yes, i think there is a lot of volitility in this private marketplace swems in the part d marketplace. so every year we are very clear with beneficiaries if they have a part d plan they need to check that coverage because the formularies change every year and provider networks change every year. and it not just the plan that drives changes, providers also decide to leave the network or to no longer be involved. >> but this is not new? >> no, this is an inherent part of the medicare plan that was around in the mid 190eu's and before. this is an ongoing issue, this instabil
CSPAN
Dec 7, 2013 7:00am EST
the one that best represents you. we take a look at tax rates. it is congress that appears to allow a certain batch of temporary tax breaks to last at the end of 2013. ray from oklahoma city oklahoma, you are up next. are you there? good morning, you are on. i was calling about -- our man is going to make mistakes. the problem with the world, it does not have anything to do with obama. we have taken god out of everything he is doing. the next thing, minimum wage. i talked to a lot of people atut minimum wage at 7:25 -- $7.25 an hour. people say if you raise minimum wage, the influence will go up. everything else is already going up except minimum wage. years taken almost four to get it to seven dollars $.25. i am 61 years old, i am retired, and i have four kids. i have kids working for memo wage. they got student loans to pay back. journal"ll street talking about unemployment benefits in several stories, set to expire on september 28. several democrats are pushing for a vote to extend the benefits. house democrats propose renewing the program for $25 billion but have no way to offse
MSNBC
Dec 2, 2013 3:00am PST
're going to say wait a second i'm paying higher taxes than anybody in the country other than california. this is like education, this is like health care. it's not that we don't spend enough money because we spend more money per pupil and per patient than any other country on the planet and we spend a lot of money on transportation. why aren't we getting the transportation we deserve from our government? >> well, first of all, joe, stimulus failed for two reasons. one, the percentage of money on stimulus and steve can give you the exact percentage it was very low. barbara boxer and jim inhofe tried to triple the money spent on stimulus and it was beaten back. secondly it was a two year program. you can't repair the infrastructure by patching it up for a year or two. we need a ten year infrastructure revilization program. if we did it and did i want at the right levels we could create four to five million well paying american jobs that couldn't be outsourced. we could bring back american manufacturing. there's some things that could be done by an infrastructure investment program but it
FOX News
Dec 8, 2013 3:00am PST
taxes. >> it breaks it down, the sort of back and forth. it seems to be that rangle is, as they describe it, old school. he's been there for 44 years, harlem congressman. he does it old school and he has seen president obama as an up start, a beginner. he famously backed hillary clinton. and then of course when he was elected, brought na office. charlie rangel thought he would have access to the white house as chairman of the house ways and means committee. he didn't get access. >> and who did? >> al sharpton. that's who they went with for their community outreach. they went with al sharpton over charlie rangel. charlie rangel has been pretty honest about the failures of obama care. the real difference is style. charlie rangel likes other people. he is a warm person. spend an afternoon with charlie rangel. he exsuds an affection for other human beings. that is wholly absent from president obama. name five people close to him? they don't exist. you can name 500 for charlie rangel. >> remember the picture of him on the beach in the dominican republic. he evaded taxes on the cottage. the pr
MSNBC
Dec 3, 2013 11:00am PST
choice and competition on this marketplace and tax credits that you may be eligible for that can save you hundreds of dollars in premium costs ever month potentially. we need people now that we're getting the technology fixed, we need you to go back and take a look at what's going on because it can make a difference in your lives and lives of your families. and maybe it won't make a difference right now if you're feeling healthy, but i promise you, if somebody in your family heaven forbid gets sick, you'll see the difference. it will make all of the difference for you and your family. i'm going to need help in spreading the word. i'll need help in spreading the word. spread the word about the law, its benefits and its protections and about how folks can sign up, tell your friends and family. do not let the initial problems with the website discourage you. because it's working better now and it's just going to keep working better over time. every day i check to make sure it's working better. and you know, we've learned not to make wild promises about how perfectly smooth it's going to be a
MSNBC
Dec 5, 2013 12:00pm PST
this administration than any in the last 30 years, largely because of the stimulus and payroll tax credits. i think it depends on what part of the budgets you're looking at. >> you've written about that before. i want to turn a little bit to another economic policy imperative for the president, immigration reform. i've been wondering, are we going to be able to get immigration reform through the next term? actually, our loan luke russert asked john boehner just that. let's take a look. >> i've been committed to it. i'm stil committed to it. >> are you confident it will be done in 2014? >> i've learned not to make a lot of predictions. >> luke russert on the case. one of the things that gives me some hope is john boehner's hired a new policy adviser. normally you'd say, oh, he hired a new adviser, who cares? this person seems to matter in this conversation. rebecca talent comes from the bipartisan policy center's immigration task force. she was john mccain's chief of staff. she's worked on the hill in terms of immigration reform for a long time. she knows d.c.. she's a smart and sober voice, which s
CNBC
Dec 6, 2013 6:00pm EST
, december is a cruel month for losers and the tax law selling that i think are turning could be brutal here from now until year end and then it clears up. mdr is for me. stay with cramer. >>> coming up -- digital dollars. your cash is moving to the cloud and a new crop of companies are helping to transfer money around the world. but as more dollars are distributed online. cramer's got the play. [ male announcer ] here's a question for you: where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. >>> we're an interactive show here. on monday i got a call from cody in florida. wanted to know what is happening with the downward sled ride in xoom, the billion dollar company that's basically an online money transfer service. i said i wasn't sure. i've got to take a closer look. xoom came public back in february. shot up immediately 21.50 on the first day of trading, for a while, a pretty darn good year, ran up as high as $3
CSPAN
Dec 4, 2013 10:00am EST
wanted to give tax breaks to millionaires. a couple of questions. the implication by my colleague was changes that will eliminate the networks are caused by the affordable care act and i'm just wondering in your research i know with part d. is important and make sure the formulary is the same. with medicare advantage, or that change is likely in the network or something prior to the affordable care act as well? >> i think there is a lot of volatility in this marketplace as well as in the part d. marketplace. so every year we are very clear with the beneficiaries that if they are in the medicare advantage plan they need to check that coverage because the formularies which is a list that changes every year and provider networks, the providers also decide to leave the network or to no longer be involved. >> but this isn't new -- >> this is an inherent part of the plan that has been around since the mid-80s and even before. so this is an ongoing issue. this kind of instability if you will is in hair and and it's part of the risk of the plan that goes along with the benefits that we've
CSPAN
Dec 3, 2013 7:00am EST
weighing is whether to tax financial transactions. it does not have a lot of support, so i do not see that happening anytime soon. europe is a little bit different, they have actually imposed some trading taxes, which has been to the chagrin of the banks. host: peter, on the republican line/ . caller: let's get the history state on what happened during the financial crisis. during the 1990s there was a lot of pressure by the minority groups to increase the amount of affordable housing. so the clinton administration developed the public private partnership to get banks to create more loads for low income people. that calls --was caused a mandate on fannie and freddie to purchase subprime mortgages. they had increased the mandate 110% to 55% of her juices of sub i mortgages. -- purchases of subprime mortgages. he continued that public-private partnership that clinton had , upblished the which after to 2007 and 2008, the number of those mortgages were so great that caused the financial collapse. the government gave the green light to wall street, wall street keeps getting the lane for wh
CSPAN
Dec 5, 2013 2:00am EST
relative to fee-for-service spending. the third, the implications of 1 tax that will affect many ma plans and further act as pressure on the ability to provide benefits. the fourth, the recent provideent that cms changes for medicare advantage plans. the result of the changes are inevitable. the first will be fewer plans. from 60 to 140 fewer plans and 2014. there are reports of 10,000 cancellation notices in ohio. 50,000 in new jersey. these all represent further the pledge that if you like your health insurance, you can keep it under the affordable care act. by 2019 when the cuts are fully implemented. and these reductions are disproportionately borne by low-income americans. estimates are 75% of the impact hit to those making less than $34,200. the next step for the plans that do survive is to pass along these reductions in the form of either higher cost sharing or benefits or more limited networks that provide benefits with fewer choices. these are not the voluntary decisions of insurers. they are the consequence of the law that limits their ability to provide options to beneficiari b
CNBC
Dec 2, 2013 6:00am EST
important argument to have. by the way, higher education, the for profit guys are the ones paying taxes, both property and income taxes, whereas the not for property guys are the ones receiving subsidies. as far as i'm concerned, money is money. the only difference in private and public money is ideological. you draw a line between the two. public money becomes purer -- >> but it's worth ten cents on the dollar. >> i don't disagree with you. >> you're one of the old democrats. you're looking around saying what am i. >> i don't -- by the way, it's sort of what we were talking about earlier with iran. i don't think it's a question of choosing one or the other. i think you need to have a healthy balance of both. but if you start off with a regulatory bias against the for profit sector. >> you do. >> i understand, i don't disagree. >> i'm appealing to you, stand up and be -- >> i'm sitting down -- >> i think bill clinton was a republican. are you sure he was a democrat? >> i have no idea. >> senator kerrey will be with us for the rest of the program. >> do you want to be called senator or g
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